Updated Dec 13, 2021

How much does a Mortgage Loan Officer make?

Updated Dec 13, 2021

Experience

$214,536 / yrTotal Pay
$158,160 / yrBase Pay
$56,376 / yrAdditional Pay

$214,536

 / yr
$56K$911K
Most Likely Range
Possible Range

The estimated total pay for a Mortgage Loan Officer is $214,536 per year in the United States area, with an average salary of $158,160 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $56,376 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

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What is the total pay trajectory for Loan Officer?
No Salary Reports
Loan Officer
$148,533 /yr
Senior Loan Officer
$100,176 /yr
Lead Loan Officer
See Full Career Path

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Recent User Submitted Salaries for Loan Officer in United States of America

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$13

/hrAvg Base Salary
Cash Bonus$2,500/hr

7 days ago by a Loan Officer with less than one year of experience

$40,000

/yrAvg Base Salary

8 days ago by a Mortgage Loan Officer with 4 to 6 years of experience

$40,000

/yrAvg Base Salary

8 days ago by a Mortgage Loan Officer with 1 to 3 years of experience

$42,000

/yrAvg Base Salary

8 days ago by a Mortgage Loan Officer with 4 to 6 years of experience

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$13

/hrAvg Base Salary

8 days ago by a Loan Setup Specialist with 1 to 3 years of experience

$27

/hrAvg Base Salary

8 days ago by a Mortgage Loan Officer with 1 to 3 years of experience

$200,000

/yrAvg Base Salary

8 days ago by a Mortgage Loan Officer with more than 15 years of experience

$16

/hrAvg Base Salary

8 days ago by a Mortgage Loan Officer with 4 to 6 years of experience

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Frequently asked questions about a Mortgage Loan Officer salaries

The national average salary for a Mortgage Loan Officer is $43,241 per year in United States. Filter by location to see a Mortgage Loan Officer salaries in your area. Salaries estimates are based on 2495 salaries submitted anonymously to Glassdoor by a Mortgage Loan Officer employees.

The highest salary for a Mortgage Loan Officer in United States is $81,226 per year.

The lowest salary for a Mortgage Loan Officer in United States is $23,020 per year.

If you are thinking of becoming a Mortgage Loan Officer or planning the next step in your career, find details about the role, the career path and salary trajectory of a Mortgage Loan Officer.